Brief: Tennant Company Reports 2020 Third-Quarter Results

Tennant

29/10/2020 13:49

Oct 29 (Reuters) - Tennant Co  TNC.N :
    * MPANY REPORTS 2020 THIRD-QUARTER RESULTS
    * Q3 ADJUSTED EARNINGS PER SHARE $0.90
    * Q3 EARNINGS PER SHARE $0.63
    * Q3 EARNINGS PER SHARE ESTIMATE $0.41 -- REFINITIV IBES
DATA
    * SEES FY 2020 ADJUSTED EARNINGS PER SHARE $2.80 TO $3.00
    * SEES FY 2020 GAAP EARNINGS PER SHARE $2.00 TO $2.20
    * SEES FY 2020 SALES $995 MILLION TO $1.005 BILLION
    * Q3 SALES $261.9 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$237.7
MILLION
    * REINSTATES 2020 GUIDANCE FOR NET SALES, ADJUSTED EBITDA
AND EPS
    * SEES 2020 CAPITAL EXPENDITURES OF APPROXIMATELY $35
MILLION

Source text for Eikon:  ID:nBw4ztfj8a 
Further company coverage:  TNC.N 

 ((Reuters.Briefs@thomsonreuters.com;))